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Baidu (BIDU) Operating Expenses (2016 - 2025)

Baidu has reported Operating Expenses over the past 17 years, most recently at $4.5 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 8.02% year-over-year to $4.5 billion; the TTM value through Dec 2025 reached $18.9 billion, up 21.88%, while the annual FY2025 figure was $19.3 billion, 25.89% up from the prior year.
  • Operating Expenses for Q4 2025 was $4.5 billion at Baidu, down from $6.5 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $6.5 billion in Q3 2025 and troughed at $3.6 billion in Q1 2024.
  • A 5-year average of $4.2 billion and a median of $4.0 billion in 2022 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: fell 16.73% in 2022 and later soared 65.03% in 2025.
  • Year by year, Operating Expenses stood at $4.9 billion in 2021, then dropped by 15.46% to $4.1 billion in 2022, then increased by 0.82% to $4.2 billion in 2023, then decreased by 0.62% to $4.1 billion in 2024, then rose by 8.02% to $4.5 billion in 2025.
  • Business Quant data shows Operating Expenses for BIDU at $4.5 billion in Q4 2025, $6.5 billion in Q3 2025, and $4.1 billion in Q2 2025.